Smith & Nephew annual debt-to-assets ratio
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Smith & Nephew Debt-to-Assets Ratio Growth & History (SN.)
Smith & Nephew's debt-to-assets ratio was 0.32 for fiscal 2025.
View full Smith & Nephew company overviewSmith & Nephew annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.32 | −0.00 | −0.81% |
| 2024 | 2024-12-31 | 0.32 | 0.01 | +3.87% |
| 2023 | 2023-12-31 | 0.31 | 0.02 | +7.16% |
| 2022 | 2022-12-31 | 0.29 | −0.00 | −0.07% |
| 2021 | 2021-12-31 | 0.29 | −0.03 | −9.79% |
| 2020 | 2020-12-31 | 0.32 | 0.10 | +45.21% |
| 2019 | 2019-12-31 | 0.22 | 0.04 | +21.09% |
| 2018 | 2018-12-31 | 0.18 | −0.00 | −1.39% |
| 2017 | 2017-12-31 | 0.18 | −0.04 | −17.95% |
| 2016 | 2016-12-31 | 0.22 | — | — |
Smith & Nephew quarterly debt-to-assets ratio
Q4.16
Q4.17
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q2.25
Q4.25
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 0.32 | −0.00 | −0.81% |
| Q2 2025 | 2025-06-30 | 0.32 | — | — |
| Q4 2024 | 2024-12-31 | 0.32 | 0.01 | +3.87% |
| Q4 2023 | 2023-12-31 | 0.31 | 0.02 | +7.16% |
| Q4 2022 | 2022-12-31 | 0.29 | −0.00 | −0.07% |
| Q4 2021 | 2021-12-31 | 0.29 | −0.03 | −9.79% |
| Q4 2020 | 2020-12-31 | 0.32 | 0.10 | +45.21% |
| Q4 2019 | 2019-12-31 | 0.22 | 0.04 | +21.09% |
| Q4 2018 | 2018-12-31 | 0.18 | −0.00 | −1.39% |
| Q4 2017 | 2017-12-31 | 0.18 | −0.04 | −17.95% |
| Q4 2016 | 2016-12-31 | 0.22 | — | — |
Smith & Nephew debt-to-assets ratio trends
Over the last five fiscal years, Smith & Nephew's debt-to-assets ratio decreased from 0.32 to 0.32, a change of −0.00. The latest reported quarter, Q4 2025, shows 0.32.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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